DividendMay 7, 2026, 09:02 AM
Saga Communications Declares $0.25 Quarterly Cash Dividend
AI Summary
Saga Communications, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share. This dividend, totaling approximately $1.6 million, will be paid on June 12, 2026, to shareholders of record on May 22, 2026. The company has paid over $145 million in dividends to shareholders since 2012 and intends to declare regular quarterly cash dividends in the future, subject to Board discretion.
Key Highlights
- Saga Communications declared a quarterly cash dividend of $0.25 per share.
- The aggregate dividend payment will be approximately $1.6 million.
- The dividend will be paid on June 12, 2026.
- Shareholders of record on May 22, 2026, will receive the dividend.
- The company has paid over $145 million in dividends since 2012.
- The dividend will be funded by cash on the company's balance sheet.
Price Impact
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